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Huazhu sees improvement in Q2 operation results
07/16/2020|4:59:41 PM|
Same-hotel RevPAR dropped 40.8% in the second quarter, and 52.8% in the first quarter.
Radisson Hotel Group partners with Ctrip to drive growth in China and abroad
10/18/2018|11:35:24 AM|
The partnership will see Ctrip work with Radisson to develop China as a source market – increasing the number of outbound Chinese guests visiting its range of more than 1,100 hotels in operation.
MakeMyTrip's operating loss widens nearly tenfold in latest quarter
06/27/2020|2:30:47 PM|
Revenues from air ticketing and hotels & packages posted declines of 14% and 18.3% respectively. But the company's bus ticketing business still saw an increase of 21%.
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months
11/22/2018|7:21:26 PM|
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Hotel giant mulls second listing in HK; Hundreds of Beijing flights canceled | Daily Brief
06/19/2020|12:06:32 AM|
More than 1,200 flights in and out of Beijing were canceled as the Chinese capital wrestles with a fresh coronavirus outbreak; Alibaba names new president for Fliggy.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
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